Wormhole Crypto Platform: ‘Funds Are Safe’ After $314M Heist

Wormhole – a web-based blockchain “bridge” that enables users to convert cryptocurrencies – said on Thursday that “all funds are safe” after attackers abused a vulnerability to shake it down for 120,000 Ethereum approximately $314 million. In a postmortem shared with Threatpost on Thursday,...

Wormhole hack – Hackers steal $320M in one of the largest crypto heists

By Waqas Wormhole has confirmed the hack but claims that the stolen funds have been restored and the vulnerability in… This is a post from HackRead.com Read the original post: Wormhole hack - Hackers steal $320M in one of the largest crypto heists...

2FA Bypassed in $34.6M Crypto.com Heist

Early Thursday morning, Crypto.com acknowledged that it had lost $34.65 million worth of cash, Bitcoin and Ethereum after getting ransacked in an attack that slipped fat transactions past two-factor authentication 2FA. Users had complained over the weekend that their accounts had been drained:...

A Canadian Teen Was Arrested in a $36.5M SIM-Swap Heist

Plus: An FBI email hack, a cam site data leak, and more of the week's top security news...

This Week in Security News - August 13, 2021

This Week in Security News: Hackers Steal $600 million in Largest Ever Cryptocurrency Heist and Cybersecurity is the New ‘Great Game’...

U.S. Charges 3 North Korean Hackers Over $1.3 Billion Cryptocurrency Heist

The U.S. Department of Justice DoJ on Wednesday indicted three suspected North Korean hackers for allegedly conspiring to steal and extort over $1.3 billion in cash and cryptocurrencies from financial institutions and businesses. The three defendants — Jon Chang Hyok, 31; Kim Il, 27; and Park Jin...

U.S. Charges 3 North Korean Hackers Over $1.3 Billion Cryptocurrency Heist

The U.S. Department of Justice DoJ on Wednesday indicted three suspected North Korean hackers for allegedly conspiring to steal and extort over $1.3 billion in cash and cryptocurrencies from financial institutions and businesses. The three defendants — Jon Chang Hyok, 31; Kim Il, 27; and Park Jin...

BEC Hotshot with Opulent Social Media Presence to Face U.S. Charges

A Dubai resident with an elaborate lifestyle that he touted on social media – think designer clothes, expensive watches, luxury cars and charter jets – has arrived in the United States to face criminal charges. He is charged with conspiring to engage in money laundering, as part of a business ema...

Everything you need to know about ATM attacks and fraud: Part 1

Flashback to two years ago. At exactly 12:33 a.m., a solitary ATM somewhere in Taichung City, Taiwan, spewed out 90,000 TWD New Taiwan Dollar—about US$2,900 today—in bank notes. No one was cashing out money from the ATM at the time. In fact, this seemingly odd system glitch was actually a test: T...

Feds Target $100M ‘GozNym’ Cybercrime Network

Law enforcement agencies in the United States and Europe today unsealed charges against 11 alleged members of the GozNym malware network, an international cybercriminal syndicate suspected of stealing $100 million from more than 41,000 victims with the help of a stealthy banking trojan by the sam...

How Hackers Pulled Off a $20 Million Mexican Bank Heist

Welcome to the world of fake accounts, phantom funds, and money mules...

Ryuk Ransomware Attack: Rush to Attribution Misses the Point

ARCHIVED STORY Ryuk Ransomware Attack: Rush to Attribution Misses the Point By John Fokker · January 09, 2019 Senior analyst Ryan Sherstobitoff contributed to this report. During the past week, an outbreak of Ryuk ransomware that impeded newspaper printing services in the United States has garner...

Travel Breaches Hit Air Canada and Asia-Pac Hotelier

It’s been a busy week on the data breach front. First, Air Canada said that a breach of around 20,000 mobile app users had exposed passport information. At the same time, millions have been affected by an information heist targeting a Chinese hotel group with 3,500 properties across the...

Regional Virginia Bank Falls Victim to Coordinated $2.4M ATM Heist

A regional Virginia bank, the National Bank of Blacksburg, has lost $2.4 million in a cyber-heist that affected the STAR ATM and debit network, following a successful phishing attack that compromised the institution’s internal networks. The bank is now suing its insurance carrier for not covering...

Security Bulletin: A vulnerability in the Firefox component of the Synthetic Playback agent affects IBM Performance Management products.

Summary Multiple browsers could allow a remote attacker to obtain sensitive information, caused by the failure to consider the role of the TCP congestion window in providing information about content length by the HTTPS protocol or by the HTTP/2 protocol. By visiting a Web site owned by a malicio...

Mexico’s Banking System Sees $18M Siphoned Off in Phantom Transactions

Somewhere between $18 million to $20 million has gone missing during unauthorized interbank money transfers in Mexico’s central banking system. Authorities are investigating the shadow transactions, but answers are thus far scarce. The affected banks and government officials are determining wheth...

Suspected 'Big Bitcoin Heist' Mastermind Fled to Sweden On Icelandic PM's Plane

Remember the "Big bitcoin heist " we reported last month when a group of thieves stole around 600 powerful bitcoin mining devices from Icelandic data centers? Icelandic Police had arrested 11 suspects as part of the investigation, one of which has escaped from prison and fled to Sweden on a...

Suspected 'Big Bitcoin Heist' Mastermind Fled to Sweden On Icelandic PM's Plane

Remember the "Big bitcoin heist" we reported last month when a group of thieves stole around 600 powerful bitcoin mining devices from Icelandic data centers? Icelandic Police had arrested 11 suspects as part of the investigation, one of which has escaped from prison and fled to Sweden on a...

Someone Stole Almost Half a BILLION Dollars from Japanese Cryptocurrency Exchange

Coincheck, a Tokyo-based cryptocurrency exchange, has suffered what appears to be the biggest hack in the history of cryptocurrencies, losing $532 million in digital assets nearly $420 million in NEM tokens and $112 in Ripples. In 2014, Mt Gox, one of the largest bitcoin exchange at that time,...

Taiwan Bank Heist and the Role of Pseudo Ransomware

ARCHIVED STORY Taiwan Bank Heist and the Role of Pseudo Ransomware By Trellix · October 12, 2017 Widespread reports claim the Far Eastern International Bank in Taiwan has become a victim of hacking. The attacks demonstrate the global nature of cybercrime, with the cybercriminals attempting to wir...